Starting a scalable company is a daunting task. This will challenge even the most experienced management team. The team’s success requires a complete understanding of the issues and risks it faces in its quest to succeed.

Launching a startup is no easy feat. You will face challenges, your team will encounter stressful situations, and you might begin to question if your startup can succeed. Understanding these startup risks from the beginning will increase your company’s chances of success.

Every company is composed of individuals with different skill sets and has different roles that must be filled in order to succeed.

There are many motives to start a business. In a market system at its simplest form, the purpose of a business is to make money. However, you must never forget your “raison d’être,” your company’s real reason for being.

A fair number of really smart, well-prepared entrepreneurs get tripped up, stumble around and eventually fall to the ground when they make their startup funding pitches to the Angel Investment Group that I am a part of.

How do we get there? Remember that your organization’s vision is the destination.

One way for entrepreneurs to mitigate startup risks is through insurance. Here are 8 types of insurance that entrepreneurs should consider as they develop and grow their startup.

Entrepreneurs tend to be arrogant. This sounds rather like a criticism, but it’s more a statement of fact and a caution.

All companies face risks, and startups are no exception. As you seek financing from third parties, remember that once financing is obtained, the resources of those outside investors now face the same risks as your personal resources.

Like a master chef preparing a sumptuous feast, every entrepreneur needs to know the right “ingredients” to make his or her business turn out just right.  Here are the 8 ingredients for a business secret sauce: